liquidity in the financial system, partly caused by spending of oil receipts. In the face of persistent excess liquidity in the …; however, these had a limited impact on monetary aggregates. A structural excess liquidity is a common feature in oil exporting … monetary policy and liquidity management and discusses role of selective financial markets in improving liquidity management in …

and of income losses following a crisis. She tests the validity of "insurance" and "liquidity" models of currency crisis …

determinedby different investor clienteles with different liquidity needs.[...] …

intermediation to arrangetrades. We provide empirical evidence that liquidity in the voice brokered market varieswith the particulars … of the CDS contracts and that the differences in market structure isreflected in the costs of liquidity. Moreover, the … brokered and direct interdealer tradingmarkets seem to be well integrated; thus the higher liquidity costs in the brokered …